New Jersey Resources Corp. NJR
Oil/Gas Transmission · data as of November 13, 2026
New Jersey Resources Corp. (NJR) is a utility company listed in the US with a market value of about $5.6B. In the twelve months to June 30, 2026 it had revenue of $2.2B and net income of $366M, a net margin of 16.4%.
Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is value (3/5); the weakest is financial health (0/5).
Key numbers: a P/E of 15.4, 5-year revenue growth of 1% a year, a 5-year average ROIC of 6%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 62% below the current price.
Score: 2.0 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- PEG below 1.5
- Revenue growth above 10% last year
- Profit margin improving
- 5-year EPS growth above 10% a year
- Profitable 5 years in a row
- Pays a dividend
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- ROE above 15%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.2B | $2.0B | $1.8B | $2.0B | $2.9B | $2.2B | $2.0B | $2.6B | $2.9B | $2.3B | $1.9B |
| Net income | $366M | $336M | $290M | $265M | $275M | $118M | $163M | $124M | $233M | $132M | $132M |
| Free cash flow | -$156M | — | — | — | — | — | — | -$106M | $191M | $104M | -$33M |
| EPS (diluted) | $3.62 | $3.33 | $2.92 | $2.71 | $2.85 | $1.22 | $1.71 | $1.38 | $2.64 | $1.52 | $1.52 |
| Net margin | 16.4% | 16.5% | 16.1% | 13.5% | 9.5% | 5.5% | 8.3% | 4.8% | 8.0% | 5.8% | 7.0% |
| ROIC | — | 6.6% | 6.4% | 6.6% | 6.5% | 5.7% | 4.5% | 4.8% | 6.0% | 5.9% | 6.0% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 7 analysts is $59.71, 7% above the current price; targets range from $53.00 to $63.00; the consensus rating is “Buy”; expected EPS is $3.55 for the fiscal year ending September 30, 2026.
Frequently asked questions
What is New Jersey Resources’s P/E ratio?
About 15.4, based on the last twelve months of diluted earnings per share (forward P/E about 18.1).
Is New Jersey Resources stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 62% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does New Jersey Resources pay a dividend?
Yes. The dividend yield is about 3.60%, and it has paid dividends for 10 years in our data.
Is New Jersey Resources a good stock to buy?
We do not give buy or sell advice. New Jersey Resources scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.